Traditional D&O policies may not be enough to protect your clients. Independent Director Liability Insurance from Burns & Wilcox offers an additional layer of protection from costly professional liability exposures.
Nonprofit Directors and Officers (D&O)
The directors and officers of non-profit organizations (NPO) have a responsibility to oversee the activities of the organizations they serve and are required to act in the best interest of the organization, its employees, volunteers and their clients. Wrongful act allegations may be brought against a nonprofit organization, which can result in defense costs, settlements and judgments. In order to protect the organization’s mission and the board’s personal assets, Nonprofit D&O is essential. Board members may not realize they may be held personally liable for the actions of the organization, and board decisions which can place their personal assets in jeopardy. As a professional association, homeowners association (HOA), charity or a social service organization, that is money better spent going toward the organization’s mission.
With Nonprofit Directors & Officers (D&O) Insurance Coverage through Burns & Wilcox, your client’s organization and its board members are protected from exposure resulting from lawsuits against their non-profit and the risks associated with managing a non-profit organization.
As a leader in wholesale insurance, Burns & Wilcox provides access to Nonprofit D&O Coverage with flexible limits to meet the needs of your client.
Private Company Directors and Officers (D&O)
Private companies often don’t have the deep pockets that make public companies a target for litigation. They also don’t have the same type of regulated responsibilities to their shareholders that public corporations do. That often leads to private companies underestimating the risk exposure of the company and the board of directors.
Burns & Wilcox can provide access to Private Company Coverage that includes D&O and Employment Practices coverage that will limit your clients’ exposure to the financial risk of running a business. Coupled with our extremely fast submission response time and low minimum premiums, Burns & Wilcox is one of the leading providers for wholesale insurance.
Public Company Directors and Officers (D&O)
Public companies are often perceived to have deep pockets that make them a target for litigation. They also have a very strict set of regulated responsibilities to their shareholders that holds management and the board of directors liable for the decisions they make while in charge.
Burns & Wilcox can provide access to Public Companies Coverage that includes D&O and Employment Practices coverage that will limit your clients’ exposure to the financial risks of running a company. Coupled with our extremely fast submission response time and low minimum premiums, Burns & Wilcox is one of the leading providers for wholesale insurance.
Coverage Details and Features
- Primary and Excess Liability Limits available
- Director cannot be an officer, consultant, or employee of the organization
- Protects independent director’s personal assets
- Can provide coverage for single or multiple board positions
- Coverage extends to independent contractor’s spouse or partner
- Available in all 50 states
Appraisal Management Services
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